My lawyer has discovered a defect with the lease for the flat we are buying in Pentyrch. The other side have suggested title insurance as a workaround. We are happy with insurance and will cover the costs. Our lawyer says that he must be satisfied that the bank is content with this solution. Who is the client here, us or the mortgage company ?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.
Can your site be used to recommend a Conveyancing solicitor in Pentyrch even if I’m not purchasing or selling a house, for instance if I intend to buy an office in Pentyrch with a loan from Accord Mortgages Ltd?
Our search tool is primarily used to locate domestic conveyancing solicitors in Pentyrch but we have set out at the end of this page a selection of Pentyrch commercial conveyancing firms. You will need to make contact with the solicitors directly to check if they are also authorised to represent Accord Mortgages Ltd
What is the difference between a licensed conveyancer and conveyancing solicitor in Pentyrch
There are many registered licenced Conveyancers in Pentyrch and Solicitor practices in Pentyrch who can assist with your conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal work in the home buying process. The two can deal with associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
Completion of my purchase has taken place for my property in Pentyrch. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Planning on purchasing a house in Pentyrch. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Pentyrch conveyancing practitioner is on the UBS conveyancing panel.
I'm refinancing my primary house to a BTL mortgage with Yorkshire Building Society and intend to use the remaining equity as a deposit on a second property. The location we are talking about is Pentyrch. Will your conveyancers be able to act for the two lenders and link together the transactions?
Do use our comparison tool on this page to ensure that the solicitors are approved by both mortgage companies. On the basis that they are your solicitor should be able to simultaneously deal with the two conveyancing matters but you should talk with you conveyancer and communicate your expectations and requirements.
My husband and I are a fortnight into a residential purchase having been recommend to a firm by the local agent to execute conveyancing in Pentyrch. We are not happy. Can you you assist me in finding new conveyancers?
A lawyer would need to be really poor in order to consider diss instructing them. Has the mortgage offer been sent? If so you must inform them of the new conveyancer and have the offer are re-sent. Your solicitor ideally needs to be on the lenders approved list to avoid supplemental fees and complications. So that should be your first question of the new conveyancers. The search tool can assist you in finding a bank approved lawyer for your conveyancing in Pentyrch
At long last our conveyancing in Pentyrch is completing next Friday, yet the people I am purchasing off wants to vacate on the Saturday at 2pm. Should I agree to this?
Where you are having a mortgage then your solicitor will insist that the property isvacant on Friday - the mortgage company will demand it.